After super charged, double-digital growth during the pandemic, the results from the five biggest U.S. tech giants this week showed a slowdown as they grapple with inflation, looming recession and an ...
Tag: share price movement
Climate Bill Stands to Give Green-Energy Investors a Lift
Listen to article (2 minutes) Investors were already returning to clean-tech and renewable-power stocks when the proposed $369 billion Senate energy and climate-spending package jolted the sector to i...
Lockheed Martin Stock Is Up for the Year. Director John Donovan Bought Shares.
Text size Lockheed Martin stock has logged gains this year, and a director scooped up shares on a recent dip. Gretchen Lemke/Lockheed Martin Corporation Lockheed Martin stock has performed nicely this...
Apple earnings can be summed up in one word
Apple Inc.’s iPhone business looks to be a portrait of resilience, according to numerous analysts, as the company indicated late Thursday that macroeconomic pressures had yet to dampen demand for its ...
Rivian Was Responsible for Amazon’s Loss. The Market Was Ready This Time.
Text size Amazon’s loss was due almost entirely to the drop in Rivian stock. Courtesy of Rivian Amazon.com lost money in the second quarter of 2022. Rivian Automotive was the reason, again. Rivi...
Stanley Black & Decker leads S&P 500 decliners after tool maker’s weak quarter leads it to slash guidance
Shares of Stanley Black & Decker Inc. tumbled 13.7% Thursday to lead S&P 500 decliners after the tool maker’s second-quarter earnings fell far short of estimates, it slashed its guidance and a...
Amazon stock jumps 14% as sales beat and AWS growth overcome a second straight quarterly loss
Amazon.com Inc. decided to cut back after years of pouring money into growth, and the result was a second consecutive quarterly loss, but a beat on sales and continued strong growth from Amazon Web Se...
Roku’s stock plunges 28% on weak outlook, misses at top and bottom lines
Roku Inc.’s stock quickly plunged 28% in extended trading after the company offered paper-thin guidance and reported fiscal second-quarter results Thursday that fell short of Wall Street analysts’ for...
Bausch Health Stock Halted After Patent Ruling. What Happens Next.
Text size Bausch Health stock was on pace for its lowest close since November 1995. Timothy Fadek/Bloomberg A federal court ruling has dealt a blow to Bausch Health by appearing to clear the way for g...
Intel Reports Earnings Today. What to Expect.
Text size Slowing demand for PCs could affect Intel’s guidance. David Paul Morris/Bloomberg Semiconductor analysts are expecting a weak forecast from Intel when the chip maker reports earnings a...
Intel Reports Earnings Thursday. Here’s What Wall Street Expects.
Text size Slowing demand for PCs could affect Intel’s guidance. David Paul Morris/Bloomberg Semiconductor analysts are expecting a weak forecast from Intel when the chip maker reports earnings a...
Teladoc loses $3 billion in three months, stock plummets 24%
Shares of Teladoc Health Inc. plunged more than 24% in after-hours trading Thursday after the telehealth company took another multibillion-dollar impairment charge, helping to bring its total losses f...
Lam Research stock slips after hours despite earnings beat, upbeat outlook
Lam Research Corp. fell in the extended session Wednesday after the semiconductor-making-equipment supplier beat on earnings and forecast a likely beat in the current quarter amid continuing supply co...
Uber and 10 Other ‘Busted IPOs’ That Could Still Have Value
Text size Of the top five 2021 IPOs ranked by size, all are in the red versus original offering prices, including Rivian Automotive. Justin Sullivan/Getty Images Investors often clamor for access to b...
In a busy morning 3M announces healthcare spin off, mixed earnings and subsidiary’s voluntary bankruptcy
3M Co. was busy before market open Tuesday, announcing the planned spinoff of its healthcare business, second-quarter results, and the voluntary bankruptcy of the company’s Aearo Technologies subsidia...
Redbox stock shoots toward best day on record
Shares of Redbox Entertainment Inc. were surging toward their best day on record Monday, though it wasn’t immediately clear what was driving the stock move. The shares were soaring 87% in afternoon tr...
Giant Manager Buys Up Apple, Nvidia, Corning, and Pfizer Stock
Text size MEAG bought 66,593 Nvidia shares to double its investment to 130,142 shares at the end of June. Justin Sullivan/Getty Images The investment arm of one of the world’s biggest insurers just ma...
Avoid GE stock ahead of earnings as Wall Street’s expectations haven’t fallen far enough, analyst says
Expectations for General Electric Co.’s second-quarter profit and sales have been reduced significantly in recent months, but there are still those on Wall Street who believe they haven’t come down en...
Tesla Stock Could Hit $900 in Its Latest Surge
Text size Tesla CEO Elon Musk’s Twitter saga appears to be a concern still for investors. Mario Tama/Getty Images Tesla stock is on one of its hot streaks again. Shares are climbing Friday, putt...
25 Stocks That Could Rise on a Short Squeeze
Investors betting against electric-vehicle stocks take note: Five of 25 stocks that short-selling research firm S3 Partners identified this month as being at risk of a short squeeze are in the EV busi...
GameStop Stock Is Splitting to $38. Trading Starts Today.
Text size GameStop has been hit hard as more people download games rather than using physical discs. Justin Sullivan/Getty Images The GameStop saga is set to take another turn on Friday when shares be...
GameStop Stock Is Splitting to $38. Trading Starts Friday.
Text size GameStop has been hit hard as more people download games rather than using physical discs. Justin Sullivan/Getty Images The GameStop saga is set to take another turn on Friday when shares be...
‘Squeezable’ AMC, GameStop stocks break out to multi-month highs
Shares of both AMC Entertainment Holdings Inc. and GameStop Corp. surged to multi-month highs Wednesday, as they extended breakouts above previous chart resistance levels. The rallies come after Ihor ...
GameStop, AMC, EV Startups, and Others Are Among the Most Shorted Stocks
Text size Lordstown Motors is on a list of squeezable stocks. Courtesy Lordstown Motors Investors who have bet against the electric-vehicle industry should take note. Five of 25 U.S. companies that th...
Canoo, Lordstown, Other EV Startups Are at Risk of a ‘Short Squeeze’. Beware.
Text size Lordstown Motors is on a list of squeezable stocks. Courtesy Lordstown Motors Investors who have bet against the electric-vehicle industry should take note. Five of 25 U.S. companies that th...
Google’s stock split won’t matter in a recession, analyst says
Shares of Alphabet Inc. slumped Monday, with MKM Partners analyst Rohit Kulkarni saying the impact of an economic slowdown could offset the benefits from the long-waited stock split taking effect. The...
Carvana’s Share Price, Down 95% Since Pandemic Peak, Hits Another Roadblock
Few stocks suffered more after interest rates started rising than online used car seller Carvana its shares off 95% since their pandemic peak in August 2021. Carvana’s shares took their latest leg dow...
IBM’s Earnings Are Monday. Here’s What to Expect.
Text size IBM has restructured to focus on software and services tied to hybrid cloud computing and artificial intelligence. David Paul Morris/Bloomberg IBM kicks off the tech earnings season when it ...
Big Investor Sold Apple Stock, Bought Coinbase, GE, and Nvidia
Text size Customers shop at an Apple Store. Chip Somodevilla/Getty Images A large European asset manager recently made material changes in its largest U.S-traded stock investments. DNB Asset Managemen...
Hate Tesla? Investors Can Short the EV Maker With a New Single-Stock ETF.
Text size There is a single-stock ETF that allows anyone to short Tesla stock now. Chris Delmas/AFP via Getty Images Tesla investors have a new way to play the electric vehicle maker in the U.S.—singl...
Taiwan Semi shares rise after earnings, sales beat forecasts
Shares of Taiwan Semiconductor Manufacturing Co. rose on Thursday after the third-party silicon wafer manufacturer reported forecast-beating earnings and sales in its June-ending quarter. TSMC TSM, +2...
Roku Swings to Second-Quarter Loss on Slower Ad Spending
Roku said it expected two of its main revenue drivers—advertising and sales of streaming hardware—to come under further pressure during the second half of the year, sending the company’s shares down 2...